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Buy phone, car through flexi benefits plan route for extra saving

Flexible Benefits Plan (FBP), though, is available only under the old tax regime, which allows an individual to claim deductions and exemptions under various sections of the income tax Act.

Tax Saving: How young children can help parents maximize tax savings - Income Tax News

Does the new income tax regime suit you? Find out who should move from the old tax regime to the new one

With the start of the new financial year, companies are reaching out to their employees to select the tax regime for 2024-25. This is an important decision because you can do it only once in a financial year. Once you make a choice, your income will be taxed as per the tax structure of that regime

New Vs Old Tax Regime: How income of even Rs 10 lakh can be tax-free under old tax regime

Financial Literacy News: New Vs Old Tax Regime: Salaried taxpayers face a critical decision within 10 days on selecting their tax regime for the current financial year. The ch

Want to stick with the old income-tax regime? Don't forget to fill this form first

Although the new income-tax regime has been made the default regime, you could still switch back to the old regime if you claim deductions and loan exemptions. But make sure you fill this form by July 31.